Feb 27, 2026
Ergon and Verde Partner to Launch Carbon-Capturing BioAsphalt
BY Ergon
An industry partnership is making BioAsphalt™ road construction materials that win at sustainability. First, let’s look at the partnership and then the product.
Verde Resources Inc. (OTCQB: VRDR) (Verde), St. Louis, Missouri, announced October 2025, the signing of a 10-year definitive license agreement between its wholly owned subsidiary, Verde Renewables Inc., and Ergon Asphalt & Emulsions Inc. The agreement formalizes a long-term strategic alliance to commercialize Verde’s specialized emulsion and carbon sequestering BioAsphalt™ road construction surface materials across the United States, Mexico and Canada. The agreement has a 10-year term with an option to extend for an additional 10 years.
Ergon Asphalt & Emulsions is a subsidiary of Ergon Inc., a diversified global organization engaged in multiple industries. The privately held Ergon is an industry pioneer in asphalt innovation and supply employing more than 4,000 people and serving customers and partners in over 90 countries worldwide.
Building on the successful collaboration that began with a Memorandum of Understanding earlier in 2025, Verde and Ergon will advance the deployment of innovative low-carbon technologies that integrate Verde’s proprietary emulsifying agent with Ergon’s high-performance asphalt, reclaimed asphalt pavement (RAP), and biochar to produce and commercialize a carbon-sequestering road surfacing material across North America. Under the terms of the agreement, Verde is licensing its proprietary technologies to Ergon for use in the manufacturing, marketing and distribution of advanced road construction products. The agreement also grants Ergon the right to use Verde’s trademarks and access ongoing technical services to ensure integrity and transparency, verifying that every ton of carbon dioxide sequestered is accurately quantified, tracked, and validated.
In addition to the commercial agreement, both companies have executed a term sheet for a $2 million investment by Ergon in Verde. The investment underscores Ergon’s confidence in the long-term growth of Verde’s technologies and further solidifies the true strategic nature of the alliance.
“Our milestone commercial collaboration with industry leader Ergon marks a major achievement in our mission to bring innovative solutions to market and accelerate decarbonization across emission-intensive infrastructure,” said Jack Wong, CEO of Verde Resources. “Together with Ergon, we will deliver transformative, common-sense solutions that will redefine the roads of the future for the benefit of both the environment and the economy.”
Verde’s BioAsphalt™ can be produced burnerless and placed year-round, even during winter, without requiring heat or solvents during installation, according to the manufacturers.
“Our agreement with Verde strengthens Ergon’s ability to deliver sustainable, next-generation technologies to the road construction industry,” said Patrick Nation, president of Ergon Asphalt & Emulsions. “We are excited to integrate Verde’s solutions and work to accelerate the adoption and commercialization of the end product over the next year, with the goal of enhancing how roads are built in a sustainable way without compromising quality or reliability. Verde’s technologies align seamlessly with our ongoing commitment to sustainable solutions and long-term growth strategy, and we are excited to bring these solutions to our customers and partners…across North America.”
BioAsphalt™ is also the first in the world to generate verified Carbon Removal Credits, certified through Puro.earth. This breakthrough positions Verde as a pioneer in making asphalt a climate-positive material, actively mitigating Scope 1, 2 and 3 emissions across the construction value chain—turning roads, streets and pathways into carbon sinks. To align incentives with sustainability metrics, Verde will share 40% of its future Carbon Removal Credits with Ergon, linking commercial success directly to measurable environmental impact.
Verde’s technologies, including its carbon sequestering BioAsphalt™, have recently earned early validation from the National Center for Asphalt Technology (NCAT), positioning the company at the forefront of low-emission construction innovation.